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General Terms of Sale
Current reports A A A
Selection of the bids submitted by Izostal S.A. (Consortium Leader) as the most favorable ones for the supply of coated steel pipes to OGP Gaz-System S.A.
Report no.: 28/2012
Date of issue: 2012-05-23
Legal basis: Art. 56 clause 1 item 1 of the Offering Act - confidential information
SUBJECT: Selection of the bids submitted by Izostal S.A. (Consortium Leader) as the most favorable ones for the supply of coated steel pipes to OGP Gaz-System S.A.
CONTENT OF THE REPORT:
On May 23, 2012 the Management Board of Izostal S.A. (Company) was informed about the selection by Operator Gazociągów Przesyłowych Gaz-System S.A. seated in Warsaw (Customer) of the bids submitted by Izostal S.A. (Consortium Leader) as the most favorable ones in the public procurement tender for the deliveries of coated steel pipes for the investment project realized by OGP Gaz-System:
1) Gustorzyn – Odolanów gas pipeline. Total net value of the aforesaid bid submitted by the Company is PLN 29,422,123.17 PLN, which is PLN 36,189,211.50 gross. The terms sheet provides for the realization of deliveries of coated steel pipes from August 1, 2012 to October 31, 2012.
2) Szczecin – Gdańsk gas pipeline, Stage I Płoty - Karlino. Total net value of the aforesaid bid submitted by the Company is PLN 12,449,584.23 PLN, which is PLN 15,312,988.60 gross. The terms sheet provides for the realization of deliveries of coated steel pipes from August 1, 2012 to October 31, 2012.
3) Rembelszczyzna-Gustorzyn gas pipeline. Total net value of the aforesaid bid submitted by the Company is PLN 68,287,168.29 PLN, which is PLN 83,993,217.00 gross. The terms sheet provides for the realization of deliveries of coated steel pipes from August 13, 2012 to December 28, 2012.
The Company will publish separate current reports with information on the conclusion of the said contracts with OGP Gaz-System S.A. Said contracts will be partial ones under the framework contract of which the Company informed in its current report no. 9/2011.
Specific legal basis: Art. 56 clause 1 item 1 of the Act of July 29, 2005 on public offering and conditions for marketing financial instruments in an organized trading system and public companies (Journal of Laws No. 184 item 1539 as amended)
SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board President, Marek Mazurek 2012-05-23
Management Board Vice President, Jacek Podwiński 2012-05-23
INFORMATION ON THE ENTITY:
Full name of the issuer: IZOSTAL SPÓŁKA AKCYJNA
Abbreviated name of the issuer: IZOSTAL S.A
Sector based on the classification of Warsaw Stock Exchange: Other industry
Address: 47-120 Zawadzkie Polna 3
Telephone: (77) 405 65 00
Fax: (77) 405 65 01
e-mail:info@izostal.com.pl
www.izostal.com.pl
VAT No. [NIP]:756-00-10-641
Statistical No. [REGON]: 530884678